Despite soaring inflation, some things are getting cheaper
Consumer prices are rising at their fastest clip in decades, but a handful of products have gotten less expensive.
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Consumer prices are rising at their fastest clip in decades, but a handful of products have gotten less expensive.
Chapman Partnership is helping homeless people gain the tools to change their circumstances by providing increased opportunities through job training.
Many financial experts say the U.S. tax code is contributing to the persistent racial wealth gap in the country. Emory University law professor Dorothy A. Brown joins CBS News' Tanya Rivero and Tony Dokoupil to discuss how tax law impacts Black families differently.
In January, the U.S. economy added 467,000 jobs, which was more than economists predicted. But the unemployment rate also ticked up slightly to 4%, up from 3% the month before. Senior business analyst Jill Schlesinger has more on what it all means.
The January jobs report released Friday surpassed Wall Street projections, with 467,000 jobs added. Mike Pugliese, an economist at Wells Fargo, joins CBS News to break down the employment data and what it means for the U.S. economy.
More than 20,000 fewer workers filed for unemployment benefits last week, indicating the Omicron wave that shuttered many businesses is receding. Colby Smith, economy editor at The Financial Times, joins Major Garrett on "Red & Blue" to discuss the latest on the U.S. economy.
Facebook's parent company, Meta, suffered historic losses after reporting an unprecedented drop in average daily users and weaker-than-expected earnings.
Activist and author Kimberly Jones breaks down the economic and social injustices facing Black Americans in her new book, "How We Can Win: Race, History and Changing the Money Game That's Rigged." She joins CBS News' Tanya Rivero and Nikki Battiste to discuss what can be done to level the playing field.
The cost of child care is as much as the cost of a college education in some states. Mark Strassmann takes a look.
The Federal Reserve has signaled that it will be raising interest rates this year to help offset the increase in consumer goods brought on largely by the pandemic. But what does this mean for everyday Americans? CBS MoneyWatch reporter Aimee Picchi joins "CBS News Mornings" to discuss.
President Biden is promising to nominate a Black woman to the Supreme Court following Justice Stephen Breyer's retirement announcement. The president plans to visit Pittsburgh today to discuss jobs, infrastructure and the economy. CBS News senior White House correspondent Weijia Jiang has the latest out of Washington.
A new report on GDP shows the U.S. economy grew 5.7% in 2021. This comes as Wall Street experiences another rollercoaster day. Liz Ann Sonders, chief investment strategist at Charles Schwab, joined CBS News to discuss the markets and the economy.
Despite warnings from other world leaders about his questionable tactics in Ukraine, Russian President Vladimir Putin remains unfazed. A prominent Putin critic said he believes the Russian leader wants to distract ordinary Russians from their economic hardship. Holly Williams reports from Kyiv, Ukraine.
Fears about rising tensions over Ukraine and the Federal Reserve's plan to curb inflation sent the markets into a free fall for much of the day. But the Dow and SP 500 rebounded by the end of the day, closing in positive territory.
The spread of the Omicron variant is causing an additional complication to the U.S. economy, which is already struggling with high inflation and a supply chain crisis. And data shows nearly 9 million Americans were out of work in January because they were caring for someone with COVID-19 or being ill with the virus themselves. Joshua Hausman, associate professor of public policy and economics at the University Of Michigan and research associate at the National Bureau Of Economic Research, joins CBSN's Lana Zak with more.
During the course of the pandemic, "Face the Nation" has been listening to Americans, through Zoom, to get their thoughts on COVID, the economy and how the government is handling it all. On Friday, we checked back in with six of them. This is the full version of a segment that aired Sunday, January 23, 2022.
During the course of the pandemic, "Face the Nation" has been listening to Americans, through Zoom, to get their thoughts on COVID, the economy and how the government is handling it all. On Friday, we checked back in with six of them.
President Biden gave an update with his infrastructure task force on projects nationwide that he says will help ease supply chain problems. CBS News White House reporter Kathryn Watson joined CBSN to discuss how Mr. Biden plans to move forward on his agenda as he begins his second year in office.
President Biden gave a two-hour press conference to mark his first year in office. CBS News chief Washington correspondent Major Garrett and Washington Post White House reporter Tyler Pager join CBSN's "Red & Blue" anchor Elaine Quijano with their insights.
President Biden has vowed to tackle the rising rate of inflation in the U.S. But many Americans don't feel like his administration is doing enough, despite steady economic growth during his first year in office. Chief economist for Morning Consult John Leer joins CBSN's Lana Zak to discuss.
President Biden held his first news conference of 2022, as he marks one year in office. The milestone comes as the White House faces multiple challenges, including inflation and the ongoing coronavirus pandemic. CBS News chief White House correspondent Nancy Cordes reports, then joins CBSN's Lana Zak to discuss.
President Biden is set to hold his first formal news conference of 2022. It comes a day ahead of the first anniversary of his presidency. CBS News chief White House correspondent Nancy Cordes joined CBSN to discuss.
The Department of Labor released the September jobs report, revealing that the U.S. has added 194,000 jobs, while the unemployment rate declined to 4.8%. Economist and financial advisor David Peters joins CBSN to discuss the latest numbers and the state of the economy.